September 09, 2020
Bay Area-based Iron Ox today announced a $20 million Series B. The funding, led by Pathbreaker Venture and family office firms, brings the robotics company’s total funding up to $45 million to date. A number of other investors also took part in the round, including Crosslink Capital, Amplify Partners, ENIAC Ventures, R7 Partners, Tuesday Ventures, At One Ventures and Y Combinator.
Founded in 2015, Iron Ox has become one of the more prominent names in the world of agricultural robotics. In 2018, the company announced its first indoor farm, growing a slew of leafy green vegetables in hydroponic boxes.
Today they announced the addition of a Gilroy, California-based farm with 10,000 square feet of growing area. The location has already begun delivering vegetables to a number of retailers and restaurants across the state, including some big names like Whole Foods and smaller operations like Bianchini’s Market, which operates two locations in California. Today’s plans entail a nation-wide expansion in delivery for next year. Read rest here.